Magazine article Economic Review

New Flash

Magazine article Economic Review

New Flash

Article excerpt

Agriculture and SME sector

Rs. 27bn loans to be reschedule

Some Rs. 27 billion worth agriculture and SME sector loans' rescheduling/restructuring is expected following the State Bank of Pakistan's flood relief package.

(B.R ... 3 Nove, 2010)

Financial Crisis

1579 Industrial units close during last five years: Bijarani

The senate was informed that overall 1579 industrial unit were closed through out the country during the last five years mainly because of financial constraints.

[ILLUSTRATION OMITTED]

(B.R ... 5 Nov, 2010)

ECC decision

5pc RD on sack paper abolished

The Economic Co-ordination Committee (ECC) of the cabinet abolished 5 percent regulatory duty in import of sack paper and directed the Trading Corporation of Pakistan to immediately start releasing available sugar stocks in the market.

(B.R. 5 Nov, 2010)

21 die as small plane crashes

A Chartered plane owned by JS Air crashed seconds after departure from Jinnah International Airport, killing all 21 people on board.

(B.R. ...6 Nov, 2010)

President invites private sector investment in mega projects

President Asif Ali Zardari invited the country's leading business houses to join the government in investing in infrastructure projects on build, operate and own (BOO) basis and offered to holds road shows for the major projects including Pakistan-Turkey railway line, Zulfikarabad city project in Thatta, Gorakh Hill Station in Dadu, the LNG projects and new highways and bridges in different parts on the country.

(B.R. 6 Nov, 2010)

Import of vegetable from India allowed

Pakistan has allowed open import of vegetables from India to meet shortage in the country after flash floods damaged vegetables on hundreds of acres the country.

(B.R. 7 Nov, 2010)

Foreigners invest $12. …

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